定西高强完成北交所IPO辅导，净利翻番、经营现金流降九成

Core Viewpoint - Dingxi High Strength Fasteners Co., Ltd. has completed its IPO counseling report and aims to raise funds for high-end industrial component manufacturing projects and working capital [2] Financial Performance - For the first half of 2025, the company achieved a revenue of 562.45 million yuan, a 94.81% increase compared to the same period last year [4] - The net profit attributable to shareholders reached 45.16 million yuan, reflecting a growth of 103.92% year-on-year [4] - The gross profit margin improved to 18.31%, up from 17.31% in the previous year [4] - Basic earnings per share increased to 1.00 yuan, a rise of 104.08% compared to 0.49 yuan in the previous year [4] Financial Position - Total assets at the end of the period amounted to 1.25 billion yuan, a 28.59% increase from the previous year [4] - Total liabilities increased by 55.48% to 650.53 million yuan [4] - The company's debt-to-asset ratio (consolidated) was 52.14%, up from 43.12% [4] - The net assets attributable to shareholders were 597.03 million yuan, an 8.19% increase year-on-year [4] Cash Flow - The net cash flow from operating activities was 1.00 million yuan, a significant decrease of 93.16% compared to the previous year [4][5] - The decrease in cash flow was attributed to increased cash outflows for procurement and expenses, including higher raw material purchases and employee compensation [5]